SIA expects shaky global economy to affect premium demand
Demand for SIA's premium seats is holding up but could take a hit in the future given headwinds in the global economy. "With the kind of outlook we're seeing in the world economy, we do expect that will affect business demand at some point. That's something we'll watch for," said SIA CE Goh Choon Phong Thursday. "At this point in time, we are not really seeing weaker demand for Business Class," he said. Premium traffic is important for SIA as the airline typically gets a substantial proportion of revenue from the front end of the cabin. Meanwhile, the airline plans to tweak the configuration of 5 of its incoming A380s next year by reducing the number of suites to better match demand, Goh said. Its existing double-decker jets have 12 suites each. <br/>
https://portal.staralliance.com/imagelibrary/news/hot-topics/2016-03-04/star/sia-expects-shaky-global-economy-to-affect-premium-demand
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SIA expects shaky global economy to affect premium demand
Demand for SIA's premium seats is holding up but could take a hit in the future given headwinds in the global economy. "With the kind of outlook we're seeing in the world economy, we do expect that will affect business demand at some point. That's something we'll watch for," said SIA CE Goh Choon Phong Thursday. "At this point in time, we are not really seeing weaker demand for Business Class," he said. Premium traffic is important for SIA as the airline typically gets a substantial proportion of revenue from the front end of the cabin. Meanwhile, the airline plans to tweak the configuration of 5 of its incoming A380s next year by reducing the number of suites to better match demand, Goh said. Its existing double-decker jets have 12 suites each. <br/>
